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Global trade : recession confirmed, watch out for a double-whammy blow due to protectionism

Global trade : recession confirmed, watch out for a double-whammy blow due to protectionism
Recurso electrónico / Electronic resource
MARC record
Tag12Value
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001  MAP20200018216
003  MAP
005  20200529094327.0
008  200210e20200525fra|||| ||| ||eng d
040  ‎$a‎MAP‎$b‎eng‎$d‎MAP
084  ‎$a‎921
1001 ‎$0‎MAPA20200002628‎$a‎Dib, Georges
24510‎$a‎Global trade‎$b‎: recession confirmed, watch out for a double-whammy blow due to protectionism‎$c‎Georges Dib
260  ‎$a‎Paris‎$b‎Euler Hermes ‎$a‎Munich‎$b‎Allianz‎$c‎2020
300  ‎$a‎5 p.
4900 ‎$a‎Allianz Research
520  ‎$a‎Q1's strongest contraction in merchandise trade since Q1 2009 is only the first part of the story. Our proprietary Trade Momentum Index shows that Q2 is likely to see an even stronger contraction. Indeed, April could post a -13% y/y drop. Overall trade contracted -2.5% q/q in Q1 as March posted a third straight negative figure (-1.4% m/m and -4.3% y/y). In March, China's exports rebounded by +12.4% m/m (+2.3% y/y) as the economy restarted, while the Euro area suffered the largest blow, -7.7% m/m (-10% y/y), as its largest economies were on pause. We expect the trough to be reached in Q2, with half of global GDP under lockdown in April and Chinese exports stuttering in search of missing demand, as shown by even weaker export orders.
650 4‎$0‎MAPA20080605100‎$a‎Comercio internacional
650 4‎$0‎MAPA20090040410‎$a‎Recesión económica
650 4‎$0‎MAPA20080611897‎$a‎Perspectivas económicas
650 4‎$0‎MAPA20080593315‎$a‎Sectores económicos
650 4‎$0‎MAPA20080600709‎$a‎Datos macroeconómicos
650 4‎$0‎MAPA20080589974‎$a‎Coyuntura económica
650 4‎$0‎MAPA20080605094‎$a‎Comercio de mercancías
650 4‎$0‎MAPA20080570187‎$a‎Proteccionismo
7001 ‎$0‎MAPA20110032081‎$a‎Subran, Ludovic
7102 ‎$0‎MAPA20140005529‎$a‎Euler Hermes
7102 ‎$0‎MAPA20080447007‎$a‎Allianz
856  ‎$q‎application/pdf‎$w‎1106478‎$y‎Recurso electrónico / Electronic resource